Case study. Top of FormBottom of Form.Law Coursework

Written answers to any given question should be between 1-5 sentences or phrases. There is not always a right or wrong answer to a question. I may ask for a student’s opinion or informed/reasoned guess. You need not write in complete sentences

Homework Questions for Week 3


* Walmart to Skip VIP Treatment for Bernie Sanders at Shareholder Meeting

• How much time was reserved for shareholder proposals at the meeting described?
• Is it proper for politicians to file shareholder proposals? Give your opinion.

* "Proxy firm Glass Lewis opposes Tesla's massive stock award to Musk";

• What is a proxy (advisory) firm? How does it make money?
• How much would the stock options be worth?
• Why does the firm think that this is too much?
• Why does Glass Lewis believe that this compensation package was suggested?

* "At Facebook, public funds join push to remove Zuckerberg as chairman";

• What types of investors have been agitating for change at Facebook?
• What change are they looking for? Why?
• Do you think they will succeed? Why or why not? 
o If not, why file the shareholder proposal at all?

* "Alphabet shareholders reject diversity proposal backed by employees";

• What were the employees of Google looking for?
• Could this measure be adopted without the approval of Alphabet’s management team? Why or why not?

* "Economy-class activist investor crashes the corporate party";

• What is the strategy of the “big money” shareholder activists?
• What has been the role of institutional investors in shareholder activism?
• What is the strategy of the small money shareholder activists like John Chevedden?
• Name at least one barrier that John Chevedden faces when trying to get his shareholder resolutions on the company’s proxy statement

* A Short History of the 'Poison Pill' Defense;

• How does a “flip in” poison pill work?
• Where did “poison pill” get its name?
• What is another name given to a “poison pill”?
• What is the goal of a poison pill?